NanoString Technologies, Inc.

NanoString Technologies, Inc.verified

NSTG

Price:

$0.1053

Market Cap:

$5.07M

NanoString Technologies, Inc. develops, manufactures, and sells tools for scientific and clinical research in the fields of genomics and proteomics in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers nCounter Analysis System, an automated, multi-application, digital detection, and counting system. It provides nCounter MAX and FLEX systems that include Prep Station, an automated liquid handling component that processes and prepares samples for data collection; and nCounter Digital Analyzer, which collects data from samples by taking images of the immobilized fluorescent reporters in the sample cartridge and processing the data into output files. The company also...[Read more]

Industry

Medical - Instruments & Supplies

IPO Date

2013-06-26

Stock Exchange

NASDAQ

Ticker

NSTG

The Current Ratio as of May 2024 (TTM) for NanoString Technologies, Inc. (NSTG) is 2.73

According to NanoString Technologies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.73. This represents a change of -29.47% compared to the average of 3.87 of the last 4 quarters.

NanoString Technologies, Inc. (NSTG) Historical Current Ratio (quarterly & annually)

How has NSTG Current Ratio performed in the past?

The mean historical Current Ratio of NanoString Technologies, Inc. over the last ten years is 5.31. The current 2.73 Current Ratio has changed 5.04% with respect to the historical average. Over the past ten years (40 quarters), NSTG's Current Ratio was at its highest in in the March 2021 quarter at 14.10. The Current Ratio was at its lowest in in the June 2018 quarter at 2.49.

Quarterly (TTM)
Annual

Average

5.31

Median

4.34

Minimum

3.05

Maximum

13.45

NanoString Technologies, Inc. (NSTG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NanoString Technologies, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 184.59%

Maximum Annual Current Ratio = 13.45

Minimum Annual Increase = -40.58%

Minimum Annual Current Ratio = 3.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20224.87-40.58%
20218.20-39.04%
202013.45184.59%
20194.7354.71%
20183.05-10.00%
20173.398.53%
20163.13-21.01%
20153.96-21.90%
20145.0755.50%
20133.2621.06%

NanoString Technologies, Inc. (NSTG) Average Current Ratio

How has NSTG Current Ratio performed in the past?

The current Current Ratio of NanoString Technologies, Inc. (NSTG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.84

5-year avg

6.86

10-year avg

5.31

NanoString Technologies, Inc. (NSTG) Current Ratio vs. Peers

How is NSTG’s Current Ratio compared to its peers?

NanoString Technologies, Inc.’s Current Ratio is less than Veracyte, Inc. (5.00), less than Syros Pharmaceuticals, Inc. (3.01), greater than Seres Therapeutics, Inc. (1.68), less than Iovance Biotherapeutics, Inc. (4.63), less than 10x Genomics, Inc. (5.22),

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